Dundee, MI Real Estate
According to census data in the year 2000 there were 1,476 housing units in Dundee.
This represents a 32.1% growth from 1,117 in 1990.
Of those housing units, 1,468 were located in either urbanized areas or urban clusters, and 8 were located in what is classified as a rural area.
Homeownership rate in Dundee is about 63%.
Dundee's vacancy rate, including seasonal lodging, is about 7%.
Average household size is 2.53 people.
The majority of houses, apartments or condos in Dundee were built after 1960.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 13.80% |
| Two Bedrooms | 25.50% |
| Three Bedrooms | 42.50% |
| Four Bedrooms | 14.80% |
| Five Bedrooms or more | 3% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.74 |
| Median year structure was built | 1955 |
| Median Value of occupied units | $113,600 |
| Median Price asked for vacant units | $96,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.17 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $475 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.20% |
| Second Mortgage | 6.60% |
| Home Equity Loan | 20.30% |
| Simple Mortgage | 46.10% |
| Debt Free | 25.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.8% |
